MTECHTIPS MCX ZINC INTRADAY trading tips 05-09-2017

MTECHTIPS MCX ZINC INTRADAY trading tips 05-09-2017
MTECHTIPS Mcx Zinc is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Zinc Cautious point is buying at higer levels seems decreasing. The Zinc is now trading in overbought level. The Zinc is now trading in overbought level. The oscillator is showing BUY signal For short term Zinc is in HOLD LONG position.Positionally Support for the Zinc is 199-198-191-185-178-175-. Immediate resistance for Zinc is 207 Short term and Intraday Level of ZINCCurrently Zinc is in HOLD LONG position Zinc has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 207.1 with stop at 196.85 The Zinc is now trading is approaching overbought level. The oscillator is showing BUY signal Intraday Trend- Buy is advised only above 207.1 with a stop at 204.3 Below 203.6 go for sell and put stop at 206.4
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